New England Research & Management Inc. Has $282,000 Position in T-Mobile Us Inc (NASDAQ:TMUS)

New England Research & Management Inc. lowered its position in shares of T-Mobile Us Inc (NASDAQ:TMUS) by 52.0% in the third quarter, according to the company in its most recent disclosure with the SEC. The firm owned 3,575 shares of the Wireless communications provider’s stock after selling 3,875 shares during the quarter. New England Research & Management Inc.’s holdings in T-Mobile Us were worth $282,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently modified their holdings of TMUS. Buckingham Capital Management Inc. grew its holdings in T-Mobile Us by 19.7% during the first quarter. Buckingham Capital Management Inc. now owns 19,148 shares of the Wireless communications provider’s stock valued at $1,323,000 after purchasing an additional 3,147 shares during the period. Denali Advisors LLC acquired a new position in T-Mobile Us during the second quarter valued at approximately $2,780,000. KAMES CAPITAL plc grew its holdings in T-Mobile Us by 18.7% during the second quarter. KAMES CAPITAL plc now owns 31,768 shares of the Wireless communications provider’s stock valued at $2,352,000 after purchasing an additional 5,001 shares during the period. SPX Equities Gestao de Recursos Ltda acquired a new position in T-Mobile Us during the second quarter valued at approximately $30,997,000. Finally, Chesley Taft & Associates LLC grew its holdings in T-Mobile Us by 3.2% during the second quarter. Chesley Taft & Associates LLC now owns 28,285 shares of the Wireless communications provider’s stock valued at $2,097,000 after purchasing an additional 875 shares during the period. Hedge funds and other institutional investors own 33.04% of the company’s stock.

TMUS traded down $0.92 during trading on Friday, reaching $80.94. The company had a trading volume of 1,617,600 shares, compared to its average volume of 3,746,564. T-Mobile Us Inc has a 12 month low of $59.96 and a 12 month high of $85.22. The company has a market cap of $69.70 billion, a P/E ratio of 24.09, a PEG ratio of 1.48 and a beta of 0.41. The business’s fifty day moving average price is $80.11 and its 200 day moving average price is $77.60. The company has a debt-to-equity ratio of 1.41, a current ratio of 0.66 and a quick ratio of 0.59.

T-Mobile Us (NASDAQ:TMUS) last released its quarterly earnings results on Monday, October 28th. The Wireless communications provider reported $1.01 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.96 by $0.05. T-Mobile Us had a net margin of 7.53% and a return on equity of 14.21%. The business had revenue of $11.06 billion for the quarter, compared to the consensus estimate of $11.33 billion. During the same period in the prior year, the company posted $0.93 earnings per share. T-Mobile Us’s revenue was up 2.0% compared to the same quarter last year. As a group, sell-side analysts predict that T-Mobile Us Inc will post 4.44 EPS for the current fiscal year.

TMUS has been the subject of a number of analyst reports. Barclays restated a “buy” rating and set a $88.00 price objective on shares of T-Mobile Us in a report on Tuesday, October 29th. Wells Fargo & Co boosted their price objective on shares of T-Mobile Us from $82.00 to $98.00 and gave the company a “positive” rating in a report on Monday, July 29th. Cowen cut their price target on shares of T-Mobile Us from $93.00 to $87.00 and set an “outperform” rating on the stock in a research note on Tuesday, October 29th. UBS Group reaffirmed a “buy” rating and issued a $96.00 price target on shares of T-Mobile Us in a research note on Tuesday, October 29th. Finally, KeyCorp lifted their price target on shares of T-Mobile Us from $88.00 to $90.00 and gave the company an “overweight” rating in a research note on Wednesday, October 30th. Two research analysts have rated the stock with a sell rating, three have issued a hold rating, thirteen have given a buy rating and one has issued a strong buy rating to the stock. T-Mobile Us presently has a consensus rating of “Buy” and a consensus price target of $91.54.

T-Mobile Us Profile

T-Mobile US, Inc, together with its subsidiaries, provides mobile communications services in the United States, Puerto Rico, and the United States Virgin Islands. The company offers voice, messaging, and data services to 79.7 million customers in the postpaid, prepaid, and wholesale markets. It also provides wireless devices, including smartphones, tablets, and other mobile communication devices, as well as accessories that are manufactured by various suppliers.

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Institutional Ownership by Quarter for T-Mobile Us (NASDAQ:TMUS)

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